Snapdeal CEO Kunal Bahl said those who do not perform will have to leave.
Most institutions have decided to blacklist Grofers from participating in any placement programmes.
Analysts say consumers would be the real winners.
Goyal said he tried to buy out ColorPlus from Raymond a few years ago.
India's rank was further amplified by the collapse of the South American and Russian economies.
Might opt for salaried employment after failure of his latest venture
A number of smaller players are said to be gasping for breath.
Ola Cabs, which started out in 2010, has raised over $1 billion of funds.
Two IIT-B grads cracked the cab aggregator code, tasted success & failure.
Globally, the viability of on-demand businesses is being questioned
Lenders taking up incubator-style roles with small investments in start-ups
It is all about hitting the ball high and timing it right.
Investments in 2015 reach a record high of $46.4 million with 193 deals.
Company cites copyright issues but users irked by crackdown on VPNs
One of the reasons behind the changing trend is that the applicants are spoiled for choice
The total staff strength - once 1,100 - is now under 200.
Advitiya Sharma is fifth co-founder to leave the start-up now left with three more co-founders.
The US-based start-up developed a machine learning system that uses sensors in smartphones.
Hike will launch brand channels later in 2016.
Company to invest in 30 companies in the next three months and wants a portfolio of 70 firms by the end of FY17
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